Smiths Group, the aero space to health care group is trying to raise up to £500m from the sale of its Polymer-seals business. It is understood to be in the second stage of an auction and has attracte... [more]

Orb Estates, the Jersey-based investment company, is close to sellings its portfolio of Regional Thistle Hotels for £700m, a year after acquiring them for £600m. ... [more]

Thistle Hotels is to auction some of the groups flagship London hotels in a bid to defeat a bid from its biggest investor BIL. Thistle is in talks with advisors to put the Thistle Tower up for sale wo... [more]

LVMH, the luxury goods group, has reported an increase in profits by 29%, from £975m to £1.25bn. The owner Bernard Arnault has said that he would like to sell off non core businesses in the next 18 m... [more]

Flight Centre of Australia has acquired Britannic Travel, the network of24 UK travel agencies, for £45m.... [more]

3663 First for Foodservice (Three Double Six Three) has acquiredSwithenbank Foods, the supplier of chilled and fresh foods.... [more]

Kuehne & Nagel has acquired Seabrook & Smith, the Essex-based winelogistics company with 50 staff.... [more]

Bethell Fleet Services has been bought out of administration by a management team for undisclosed terms, securing the future of 26 jobs in Kearsley.... [more]

Cinven has sold the Odean chain of 97 cinemas to WestLB and the Entertainment Group for £431m.... [more]

Flight Centre of Australia has acquired Britannic Travel, the network of 24 UK travel agencies, for £45m.... [more]

3663 First for Foodservice (Three Double Six Three) has acquired Swithenbank Foods, the supplier of chilled and fresh foods.... [more]

Kuehne & Nagel has acquired Seabrook & Smith, the Essex-based wine logistics company with 50 staff.... [more]

Coats Viyella has recommended an offer of £414m from the Guiness Peat Group. Coats Viyella has sold many companies including the recent sale of Jaeger and Viyella. People close to the deal say that ... [more]

RMC has reported a 16% drop in profits on turnover of £4.97bn. RMC said it is on track to reduce debt to £1bn by the end of the year, and is still in negotiations to sell its Hales waste arm.... [more]

The Friary Press, the Dorchester-based magazine printer with 100 staff, has undergone a management buy-out.... [more]

Coats Viyella, the thread manufacturer, has accepted a £414m takeoveroffer from Guinness Peat Group.... [more]

SMG, the Glasgow based media group that owns Virgin Radio, has signalled renewed weakening of the advertising market.. SMG is nearing completion of the sale of its newspaper business. However, Analy... [more]

G&B Plumbing & Heating, the Dorset-based operator of six plumbing outlets, has been acquired by Jewson for undisclosed terms.... [more]

Spencer Coatings has acquired Pearl Paints of Wales out of receivership for a nominal sum, and production will be relocated to Aberdeen.... [more]

Meggitt is to acquire Caswell International, the US supplier of fire training equipment, for £18m.... [more]